PBOC, HKMA and SFC’s joint announcement on developing trading platform in Hong Kong

On July 7,PBOC, HKMA and SFC back CFETS and HKEX’s joint plan to build Hong Kong’s FIC electronic fixed income and currency trading platform, a flagship project under the 2025 FIC Market Development Roadmap rolled out by HKMA and SFC, which will deepen cross-border financial ties and entrench Hong Kong’s status as a global financial centre and offshore RMB hub; the platform will serve local and global institutions under four core tenets — complying with international standards and Hong Kong regulations, enabling inclusive global participation with diverse products, matching Hong Kong’s financial development strategies and adopting market-oriented measures to boost trading transparency, cut costs and drive fintech upgrades, with launch schedule and other specifics to be released later. Source:  https://www.hkma.gov.hk/eng/news-and-media/press-releases/2026/07/20260707-8/